Expiration Contract Clauses (203)

Grouped Into 7 Collections of Similar Clauses From Business Contracts

This page contains Expiration clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Expiration. (a)In no event shall all or any portion of the Option be exercisable after the tenth annual anniversary of the Date of Grant (such ten-year period, the "Option Period"); provided, that if the Option Period would expire at a time when trading in the shares of Common Stock is prohibited by the Company's securities trading policy (or Company-imposed "blackout period"), the Option Period shall be automatically extended until the 30th day following the expiration of such prohibition (but not to the e...xtent that any such extension would otherwise violate Section 409A of the Code). (b)If, prior to the end of the Option Period, the Participant's employment with, or engagement to provide services to, the Company and all Affiliates is terminated without Cause or by the Participant for any reason, then the Option shall expire on the earlier of the last day of the Option Period or the date that is 90 days after the date of such termination; provided, however, that if the Participant's employment with, or engagement to provide services to, the Company and its Affiliates is terminated and the Participant is subsequently rehired, reappointed or reengaged by the Company or any Affiliate within 90 days following such termination and prior to the expiration of the Option, the Participant shall not be considered to have undergone a termination of employment or service, as applicable. In the event of a termination described in this subsection (b), the Option shall remain exercisable by the Participant until its expiration only to the extent that the Option was exercisable at the time of such termination. (c)If (i) the Participant's employment with, or engagement to provide services to, the Company is terminated prior to the end of the Option Period on account of his or her Disability, (ii) the Participant dies while still in the employ or engagement of the Company or an Affiliate or (iii) the Participant dies following a termination described in subsection (b) above but prior to the expiration of the Option, the Option shall expire on the earlier of the last day of the Option Period or the date that is one (1) year after the date of death or termination on account of Disability of the Participant, as applicable. In such event, the Option shall remain exercisable by the Participant or Participant's beneficiary, as applicable, until its expiration only to the extent that the Option was exercisable by the Participant at the time of such event. (d)If the Participant ceases employment with, or engagement to provide services to, the Company or any Affiliates due to a termination for Cause, the Option (whether vested or unvested) shall expire immediately upon such termination. View More
Found in J.Jill, Inc. contract
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Expiration. (a)In Subject to Sections 8 and 9 hereof: (a) In no event shall all or any portion of the Option be exercisable after the tenth annual anniversary of the Date of Grant (such ten-year period, the "Option Period"); provided, that if the Option Period would expire at a time when trading in the shares of Common Stock is prohibited by the Company's securities trading policy (or Company-imposed "blackout period"), any Trading Policy or Black Out Period, the Option Period shall be automatically extende...d until the 30th day following the expiration of such prohibition (but not to the extent that any such extension would otherwise violate Section 409A of the Code). (b)If, (b) If, prior to the end of the Option Period, the Participant's employment with, directorship with, or engagement to provide services to, the Company and all Affiliates or any of its Subsidiaries is terminated without Cause or by the Participant for any reason, then the Option shall expire on the earlier of the last day of the Option Period or and the date that is 90 days after the date of such termination; provided, however, that if the Participant's employment with, employment, directorship or engagement to provide services to, to the Company and or any of its Affiliates Subsidiaries is terminated and the Participant is subsequently rehired, reappointed or reengaged by the Company or any Affiliate of its Subsidiaries within 90 days following such termination and prior to the expiration of the Option, the Participant shall not be considered to have undergone a termination of employment or service, as applicable. In the event of a termination described in this subsection (b), the Option shall remain exercisable by the Participant until its expiration only to the extent that the Option was exercisable at the time of such termination. (c)If (c) If (i) the Participant's employment with, directorship with, or engagement to provide services to, the Company or any of its Subsidiaries is terminated prior to the end of the Option Period on account of his or her Disability, (ii) the Participant dies while still a director of, or still in the employ or engagement of the Company or an Affiliate any of its Subsidiaries, or (iii) the Participant dies following a termination described in subsection (b) above but prior to the expiration of the an Option, the Option shall expire on the earlier of the last day of the Option Period or and the date that is one (1) year after the date of death or termination on account of Disability of the Participant, as applicable. In such event, the Option shall remain exercisable by the Participant or Participant's beneficiary, as applicable, until its expiration only to the extent that the Option was exercisable by the Participant at the time of such event. (d)If (d) If the Participant ceases employment with, with or engagement to provide services to, to the Company or any Affiliates of its Subsidiaries or is removed as a director due to a termination for Cause, the Option (whether vested or unvested) shall expire immediately upon such termination. 2 5. Method of Exercise and Form of Payment. No Option Shares shall be delivered pursuant to any exercise of the Option until the Participant has paid in full to the Company the Exercise Price and an amount equal to any U.S. federal, state, local and non-U.S. income and employment taxes required to be withheld. The Option may be exercised by delivery of written or electronic notice of exercise to the Company or its designee (including a third-party-administrator) in accordance with the terms hereof. The Exercise Price and all applicable required withholding taxes shall be payable (a) in cash, check, cash equivalent and/or in shares of Common Stock valued at the Fair Market Value at the time the Option is exercised (including, pursuant to procedures approved by the Committee, by means of attestation of ownership of a sufficient number of shares of Common Stock in lieu of actual delivery of such shares to the Company); provided that such shares of Common Stock are not subject to any pledge or other security interest; or (b) by such other method as the Committee may permit, including without limitation: (i) in other property having a Fair Market Value equal to the Exercise Price and all applicable required withholding taxes, (ii) if there is a public market for the shares of Common Stock at such time, by means of a broker-assisted "cashless exercise" pursuant to which the Company is delivered a copy of irrevocable instructions to a stockbroker to sell the shares of Common Stock otherwise deliverable upon the exercise of the Option and to deliver promptly to the Company an amount equal to the Exercise Price and all applicable required withholding taxes, or (iii) by means of a "net exercise" procedure effected by withholding the minimum number of shares of Common Stock otherwise deliverable in respect of an Option that are needed to pay for the Exercise Price and all applicable required withholding taxes. Any fractional shares of Common Stock resulting from the application of this Section 5 shall be settled in cash. View More
Found in Endeavor Group Holdings, Inc. contract
Expiration. (a)In (a) In no event shall all or any portion of the Option be exercisable after the tenth annual anniversary of the Date of Grant (such ten-year period, the (the "Option Period"); provided, that if the Option Period would expire at a time when trading in the shares of Common Stock is prohibited by the Company's securities trading policy (or Company-imposed "blackout period"), the Option Period shall be automatically extended until the 30th day following the expiration of such prohibition (but ...not to the extent that any such extension would otherwise violate Section 409A of the Code). (b)If, (b) If, prior to the end of the Option Period, the Participant's employment with, or engagement to provide services to, with the Company and all Affiliates is terminated without Cause or by the Participant for any reason, then the Option shall expire on the earlier of the last day of the Option Period or the date that is 90 days after the date of such termination; provided, however, that if the Participant's employment with, or engagement to provide services to, with the Company and its Affiliates or any Affiliate is terminated and the Participant is subsequently rehired, reappointed rehired or reengaged by the Company or any Affiliate within 90 days following such termination and prior to the expiration of the Option, the Participant shall not be considered to have undergone a termination of employment or service, as applicable. employment. In the event of a termination described in this subsection (b), the Option shall remain exercisable by the Participant until its expiration only to the extent that the Option was exercisable at the time of such termination. (c)If (i) (c) If (x) the Participant's employment with, or engagement to provide services to, the Company is terminated prior to the end of the Option Period on account of his or her this Disability, (ii) (y) the Participant dies while still in the employ or engagement of the Company or an Affiliate or (iii) (z) the Participant dies following a termination described in subsection (b) above but prior to the expiration of the an Option, the Option shall expire on the earlier of the last day of the Option Period or the date that is one (1) year after the date of death or termination on account of Disability of the Participant, as applicable. In such event, the Option shall remain exercisable by the Participant or Participant's his beneficiary, as applicable, until its expiration only to the extent that the Option was exercisable by the Participant at the time of such event. (d)If (d) If the Participant ceases employment with, or engagement to provide services to, with the Company or any Affiliates due to a termination for Cause, the Option (whether vested or unvested) shall expire immediately upon on the earlier of the last day of the Option Period or the date that is 10 days after the date of such termination. View More
Found in Intelsat S.A. contract
Expiration. (a)In (a) In no event shall all or any portion of the Option be exercisable after the tenth annual anniversary of the Date of Grant (such ten-year period, the "Option Period"); provided, that if the Option Period would expire at a time when trading in the shares of Common Stock is prohibited by the Company's securities trading policy (or Company-imposed "blackout period"), the Option Period shall be automatically extended until the 30th day following the expiration of such prohibition (but not t...o the extent that any such extension would otherwise violate Section 409A of the Code). (b)If, (b) If, prior to the end of the Option Period, the Participant's employment with, directorship with, or engagement to provide services to, the Company and all Affiliates Subsidiaries is terminated without Cause or by the Participant for any reason, Good Reason (if applicable), then the Option shall expire on the earlier of the last day of the Option Period or and the date that is 90 days after the date of such termination; provided, however, termination or with respect to any Performance-Vesting Option that vests following such termination or employment or service in accordance with Section 3(c)(i) of Exhibit A, the 90th day following the applicable vesting date, if later. (c) If (i) the Participant's employment with, directorship with, or engagement to provide services to, the Company and its Affiliates is terminated and the Participant is subsequently rehired, reappointed or reengaged by the Company or any Affiliate within 90 days following such termination and prior to the expiration of the Option, the Participant shall not be considered to have undergone a termination of employment or service, as applicable. In the event of a termination described in this subsection (b), the Option shall remain exercisable by the Participant until its expiration only to the extent that the Option was exercisable at the time of such termination. (c)If (i) the Participant's employment with, or engagement to provide services to, the Company all Subsidiaries is terminated prior to the end of the Option Period on account of his or her Disability, (ii) the Participant dies while still a director of, or still in the employ or engagement of the Company or an Affiliate a Subsidiary or (iii) the Participant dies following a termination described in subsection (b) above but prior to the expiration of the an Option, the Option shall expire on the earlier of the last day of the Option Period or and the date that is one (1) year after the date of death or termination on account of Disability of the Participant, as applicable. In applicable, or, with respect to any Performance-Vesting Option that vests following such event, termination or employment or service in accordance with Section 2 above, the 90th day following the applicable vesting date, if later. 2 (d) If, prior to the end of the Option shall remain exercisable by Period, the Participant or Participant's beneficiary, as applicable, until its expiration only to the extent that the Option was exercisable by the Participant at the time of such event. (d)If the Participant ceases employment with, directorship with, or engagement to provide services to, the Company and all Subsidiaries is terminated for Cause or any Affiliates due to a termination for Cause, by the Participant without Good Reason (if applicable), the Option (whether vested or unvested) shall expire immediately upon such termination. View More
Found in Driven Brands Holdings Inc. contract
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Expiration. This Option will expire and will no longer be exercisable at 5:00 p.m. Central Time on the earliest of: (a) The expiration date specified on the cover page of this Agreement; (b) Upon your termination of Service for Cause; (c) Upon the expiration of any applicable period specified in Section 6(e) of the Plan or Section 2 of this Agreement during which this Option may be exercised after your termination of Service; or (d) The date (if any) fixed for termination or cancellation of this Option purs...uant to Section 12 of the Plan. View More
Found in IKONICS CORP contract
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Expiration. This Option will expire and will no longer be exercisable at 5:00 p.m. Central Eastern Time on the earliest of: (a) The expiration date specified on the cover page of this Agreement; (b) Upon your termination of Service Termination Date if you are terminated for Cause; (c) Upon the expiration of any applicable period specified in Section 6(e) of the Plan or Section Sections 2 and 4 of this Agreement during which this Option may be exercised after your termination of Service; service; or (d) The ...date (if any) fixed for termination or cancellation of this Option pursuant to Section 12 6(b) of the Plan. View More
Found in AUDIOEYE INC contract
Expiration. This Option will expire and will no longer be exercisable at 5:00 p.m. Central Time on the earliest of: (a) The expiration date specified on the cover page of this Agreement; (b) Upon your termination of Service for Cause; or (c) Upon the expiration of any applicable period specified in Section 6(e) 13 of the Plan or Section 2 of this Agreement during which this Option may be exercised after your termination of Service; or (d) The date (if any) fixed for termination or cancellation of this Optio...n pursuant to Section 12 of the Plan. Service. View More
Found in PetVivo Holdings, Inc. contract
Expiration. This Option will expire and will no longer be exercisable at 5:00 p.m. Central Time on the earliest of: (a) The expiration date the Expiration Date specified on the cover page of this Agreement; (b) Upon upon your termination of Service for Cause; (c) Upon upon the expiration of any applicable period specified in Section 6(e) of the Plan or Section 2 10 of this Agreement during which this Option may be exercised after your termination of Service; or (d) The the date (if any) fixed for terminatio...n or cancellation of this Option pursuant to Section 12 Sections 12(b)(2), (b)(3), (c) or (d) of the Plan. View More
Found in Proto Labs, Inc. contract
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Expiration. The Option will expire at 5:00 p.m. Central Time on the earliest of: (a) The expiration date specified at the beginning of this Agreement [which date shall not be later than ten years after the date of grant]; (b) The expiration of the period after the termination of employment of the Optionee within which the Option can be exercised (as specified in Section 7 of this Agreement); (c) At the election of the Company, upon termination of the Optionee's employment for Cause or if it is determined by... the Company within ten days after termination of the Optionee's employment by the Optionee, such as Optionee's resignation, that Cause existed for termination by the Company; or (d) The date (if any) fixed for cancellation pursuant to paragraph 11(c) or 12 of the Plan. In no event may anyone exercise the Option, in whole or in part, after it has expired, notwithstanding any other provision of this Agreement. In addition, if the Option is exercised, and prior to the delivery of the certificate representing the Shares so purchased, it is determined that Cause for termination existed, then the Company may rescind the Option exercise by the Optionee and the Option shall terminate at the election of the Company. View More
Found in TACTILE SYSTEMS TECHNOLOGY INC contract
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Expiration. The Option will shall expire at 5:00 p.m. Central Time on the earliest of: (a) The expiration date specified at the beginning of this Agreement [which (which date shall not be later than ten years after the date of grant]; grant or, if the Optionee owns or is deemed to own stock possessing more than 10% of the combined voting power of all classes of stock of the Company, five years after the date of grant) or thereafter agreed upon with the Optionee; (b) The expiration of the period after the te...rmination of employment of the Optionee within which the Option can be exercised (as specified in Section 7 of this Agreement); Agreement), provided that the Committee may extend any such period following the termination of employment during which the Option can be exercised; (c) At the election of the Company, upon termination of the Optionee's employment for Cause or if it is determined by the Company within ten days after termination of the Optionee's employment by the Optionee, such as Optionee's resignation, that Cause existed for termination by the Company; or (d) The date (if any) fixed for cancellation pursuant to paragraph 11(c) or 12 of the Plan. In no event may anyone exercise the Option, in whole or in part, after it has expired, notwithstanding any other provision of this Agreement. In addition, if the Option is exercised, and prior to the delivery of the certificate representing the Shares so purchased, it is determined that Cause for termination existed, then the Company may rescind the Option exercise by the Optionee and the Option shall terminate at the election of the Company. View More
Found in TACTILE SYSTEMS TECHNOLOGY INC contract
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Expiration. Buyer is submitting this offer by signing a copy of this Agreement and delivering it to Seller, and Seller has five (5) days from receipt hereof within which to accept this offer. When executed by both parties, this Agreement will be a binding agreement for valid and sufficient consideration which will bind and benefit Buyer, Seller, and their respective successors and assigns.
Found in AEI INCOME & GROWTH FUND XXII LTD PARTNERSHIP contract
Expiration. Buyer is submitting this offer by signing a copy of this Agreement and delivering it to Seller, and Seller. Seller has five (5) three (3) business days from receipt hereof within which to accept this offer. When executed by both parties, this Agreement will be a binding agreement for valid and sufficient consideration which will bind and benefit Buyer, Seller, and their respective successors and assigns.
Found in AEI NET LEASE INCOME & GROWTH FUND XX LIMITED PARTNERSHIP contract
Expiration. Buyer is submitting this offer by signing a copy of this Agreement and delivering it to Seller, and Seller. Seller has five (5) business days from receipt hereof within which to accept this offer. When executed by both parties, this Agreement will be a binding agreement for valid and sufficient consideration which will bind and benefit Buyer, Seller, and their respective successors and assigns.
Found in AEI INCOME & GROWTH FUND 25 LLC contract
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Expiration. This Option will expire ten (10) years from the Grant Date, unless sooner terminated or canceled in accordance with the provisions of the Plan. This means that (subject to the continuing service requirement set forth in Section 3 above and subject to earlier termination upon certain other events as set forth in the Plan) this Option must be exercised, if at all, on or before %%EXPIRE_DATE_PERIOD1,'MM/DD/YYYY'%-% (the "Expiration Date"). If this Option expires on a stock exchange holiday or weeke...nd day, this Option will expire on the last trading day prior to the holiday or weekend. Optionee shall be solely responsible for exercising this Option, if at all, prior to its Expiration Date. The Company shall have no obligation to notify Optionee of this Option's expiration. View More
Found in SEATTLE GENETICS INC contract
Expiration. This Option will expire ten (10) years from the Grant Date, unless sooner terminated or canceled in accordance with the provisions of the Plan. This means that (subject to the continuing service requirement set forth in Section 3 above and subject to earlier termination upon certain other events as set forth in the Plan) this Option must be exercised, if at all, on or before %%EXPIRE_DATE_PERIOD1,'MM/DD/YYYY'%-% [________] (the "Expiration Date"). If this Option expires on a stock exchange holid...ay or 4 169533351 v2 weekend day, this Option will expire on the last trading day prior to the holiday or weekend. Optionee shall be solely responsible for exercising this Option, if at all, prior to its Expiration Date. The Company shall have no obligation to notify Optionee of this Option's expiration. View More
Found in SEATTLE GENETICS INC contract
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Expiration. This Option, to the extent not previously exercised, shall expire on the Tenth (10) anniversary of the Grant Date.
Found in Glimpse Group, Inc. contract
Expiration. This Option, to the extent not previously exercised, shall expire on the Tenth (10) seventh anniversary of the Grant Date.
Found in AG Acquisition Group, Inc. contract
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Expiration. Except with respect to the Company's obligation to return any subscription amount deposited pursuant to Section 2, this Agreement shall terminate and be of no further force or effect and any stock certificate(s) issued representing the Shares shall be cancelled, without any liability to the undersigned, if the Company issues a public announcement announcing the termination of the Merger Agreement, and/or notifies the undersigned in writing that it has abandoned its plans to move forward with the... Nexeo Business Combination. View More
Found in Nexeo Solutions, Inc. contract
Expiration. Except with respect to the Company's obligation to return any subscription amount deposited pursuant to Section 2, this This Agreement shall terminate and be of no further force or effect and any stock certificate(s) issued representing the Shares shall be cancelled, effect, without any liability to the undersigned, if the Company issues a public announcement announcing the termination of the Merger Agreement, and/or notifies the undersigned in writing that it has abandoned its plans to move for...ward with the Nexeo Business Combination. View More
Found in Nexeo Solutions, Inc. contract
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